Solaria Energía y Medio Ambiente (OTCMKTS:SEYMF) Downgraded by Barclays to Underweight

Solaria Energía y Medio Ambiente (OTCMKTS:SEYMF – Get Rating) was downgraded by research analysts at Barclays from an “equal weight” rating to an “underweight” rating in a report issued on Tuesday, The Fly reports.

SEYMF has been the subject of several other reports. Citigroup lowered Solaria Energía y Medio Ambiente from a “neutral” rating to a “sell” rating in a research note on Wednesday, April 13th. UBS Group increased their price objective on Solaria Energía y Medio Ambiente from €14.80 ($15.91) to €16.80 ($18.06) in a research note on Wednesday, March 2nd. Finally, Royal Bank of Canada upgraded Solaria Energía y Medio Ambiente from a “sector perform” rating to an “outperform” rating in a report on Monday, March 7th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Solaria Energía y Medio Ambiente presently has a consensus rating of “Hold” and a consensus target price of $18.50.

Solaria Energía y Medio Ambiente stock opened at $22.80 on Tuesday. The stock has a fifty day moving average price of $16.99 and a two-hundred day moving average price of $17.72. Solaria Energía y Medio Ambiente has a 52-week low of $15.15 and a 52-week high of $27.40.

Solaria Energía y Medio Ambiente Company Profile (Get Rating)

Solaria Energía y Medio Ambiente, SA engages in the solar photovoltaic power generation business. The company owns, manages, and operates photovoltaic plants in Spain, Italy, Uruguay, and Greece. The company was incorporated in 2002 and is headquartered in Madrid, Spain.

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